The Tax That Produces the Most Significant Amount of Revenuein

question 75

Multiple Choice

The tax that produces the most significant amount of revenuein Texas is the

• A) general sales tax.
• B) selective sales tax.
• C) business franchise tax.
• D) gross receipts tax.

---

Definitions:

Marginal Social Benefit

The additional benefit to society from producing one more unit of a good or service.

Marginal Benefit

The bonus satisfaction or benefit gained by consuming one more unit of a good or service.

Marginal Social Benefit

The additional benefit to society from consuming one more unit of a good or service.

Street Cleanings

Municipality-provided services that remove dirt, litter, and debris from roads and public spaces to maintain cleanliness and sanitation.